Bollywood megastar Shah Rukh Khan has entered into lease agreements for two duplex apartments in the upscale Puja Casa building located in the prestigious Pali Hill locality of Bandra West. The total annual rent for both properties amounts to Rs 2.9 crore, under leave and licence agreements for 36 months.
The transactions were registered on February 14, following their finalization approximately a week earlier. In the first deal, the actor leased a duplex spanning the first and second floors from producers Jacky Bhagnani and his sister, Deepshika Deshmukh. The monthly rent for this unit is Rs 11.54 lakh, supported by a security deposit of Rs 32.97 lakh.
The second deal involves a duplex on the seventh and eighth floors, with the lease signed with film producer Vashu Bhagnani. This unit commands a slightly higher monthly rent of Rs 12.61 lakh along with a security deposit of Rs 36 lakh. Combined, the monthly rental outgo for both apartments comes to Rs 24.15 lakh.
While an inquiry from ET to Shah Rukh Khan’s team remained unanswered at the time of going to press, the high-profile nature of these transactions underscores the continued allure of Mumbai’s luxury real estate market, particularly in coveted areas like Pali Hill.
Shah Rukh Khan’s residential portfolio is further highlighted by his iconic home, Mannat – a landmark bungalow in Bandra West’s Bandstand area. Originally a modest heritage structure purchased in 2001, Mannat has since been transformed into a sprawling multi-storey residence featuring luxurious interiors, a private theatre, a gym, and expansive living spaces. The property remains one of the most visited celebrity residences in Mumbai, drawing fans and media attention alike.
With this recent lease, Shah Rukh Khan adds another feather to his cap, reaffirming his association with premium properties in Mumbai’s most sought-after neighbourhoods. The move not only reflects the actor’s penchant for luxury living but also signals a robust market for high-end residential leases in the city.